The Public Sector Enterprises Board has selected the Director (Operations) of Rashtriya Ispat Nigam Limited, PK Rath, as the next Chairman and Managing Director of the Visakhapatnam steel plant. He will take over on June 1, as the present CMD, P. Madhusudan, will retire on May 31. Rath had taken charge as the Director (Operations) after his elevation from Executive Director (Works) on October 10 last year.
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